BUY NOW. PAY LATER.
Get your solar financed at
subsidized markup
UB Solar in collaboration with leading banks facilitates you to install solar today and to pay for it later on instalments basis. Bank financing is provided on subsidised markup. There is a fixed monthly instalment that you pay to the bank every month for a specific tenure depending upon the options you choose according to your requirements. It allows you to generate free electricity for lifetime and get zero or in some cases even negative bills. Banks usually deal solar financing in two separate categories, residential and commercial.
Residential Solar Financing
Features
Flexible Tenure
Between 3 and 5 years, as per consumer’s preference
Subsidised Mark up
6% per annum
No Collateral
System itself acts as collateral
Eligibility Criteria
- Applicant holding CNIC with a maximum age of 60 years on expiry of finance facility
- Must be the owner of the residence
- Must be residing within 30 km radius of the financing branch
- Utility bills should be in the name of the applicant
- Applicant holding CNIC with a maximum age of 60 years on expiry of finance facility
Documents Checklist
Salaried Person
- Two (2) recent passport size photographs
- Copy of CNIC/NICOP
- Must be the owner of the residence – (Copy of Home Registry) & Electricity Bill.
- Electricity Bill should be in the name of the applicant/owner of the house.
- Open an account at JS Bank (Current or Savings)
- Latest Three (3) Months Pay Slips (ATTESTED)
- Employment Certificate (ATTESTED)
- Two (2) recent passport size photographs
- 6 Months Bank Statement (Salary Account) (ATTESTED)
- Must be an income tax payee (FBR Certificate Online
- Obtain quotation of solar panels system from the UB Solar
- Fill & sign JS GharApna Solar Panel financing application form
- CF-1 Undertaking Form JS bank
- Solar Panel Key Fact Sheet Form JS Bank
Businessmen
- Two (2) recent passport size photographs
- Copy of CNIC/NICOP
- CF-1 Undertaking Form JS bank
- Solar Panel Key Fact Sheet Form JS Bank
- Must be the owner of the residence – (Copy of Home Registry) & Electricity Bill.
- Electricity Bill should be in the name of the applicant/owner of the house.
- Open an account at JS Bank (Current or Savings)
- Fill & sign JS GharApna Solar Panel financing application form
- Obtain quotation of solar panels system from the UB Solar
- An average of Rs. 100,000/- balance per month
- Proof of last 2 years of business (Certifications of Business from any govt. organisation)
- Last 1 year’s bank statement business or personal account with account maintaining certificate should be attested by branch.
- Maximum 3 bank statements for income clubbing
- Must be an income tax payee (FBR Certificate Online
